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About ME and DAI
Magic Eden is falling, while Dai is climbing this week. The current ME to DAI conversion rate is 0.04289. Inversely, this means that if you convert 1 DAI you will get 23.31 ME. The conversion rate of ME/DAI has decreased by 3.29% in the last hour (DAI/ME increased by 3.4%). In the last 24 hours, ME/DAI shrunk by 5.52%, while DAI/ME grew by 5.84%.
The exchange rate of Magic Eden is decreasing. The current value of 1 ME is 0.04289 DAI. In other words, to buy 5 Magic Eden, it would cost you 0.21445 DAI. Inversely, 1 DAI would allow you to trade for 23.31 ME while 50 DAI would convert to 1,165.75 ME, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 17.44%. Meanwhile, in the last 24 hours, the rate has changed by 5.18%, and that the highest exchange rate of 1 ME to DAI was 0.04523 DAI and the lowest 24 hour value was 1 ME for 0.04257 DAI. Last month, 1 ME was worth 0.07369 DAI. Today, it's down 41.8%. Looking back a year, Magic Eden has changed by 0.4061 DAI. That means that in a single year, the value of Magic Eden has shrank by 89.44%.
Magic Eden Market Stats
ME is the governance token for Magic Eden, a multi-chain NFT and fungible marketplace built on on Bitcoin, Solana, and EVM networks. In addition to governance, ME can also be used to list or purchase NFTs on Magic Eden.
Dai Market Stats
Dai (DAI) is a decentralized stablecoin running on Ethereum (ETH) that attempts to maintain a value of $1.00 USD. Unlike centralized stablecoins, Dai isn't backed by US dollars in a bank account. Instead, it’s backed by collateral on the Maker platform. Note: if the Dai credit system is upgraded or shutdown, Dai holders may need to convert their Dai to Ethereum through the Maker platform. Read more at makerdao.com/whitepaper.
Conversion tables
ME to DAI values from Today at 3:55 pm
0.5 ME = 0.02145 DAI |
1 ME = 0.04289 DAI |
5 ME = 0.2145 DAI |
10 ME = 0.4289 DAI |
50 ME = 2.14 DAI |
100 ME = 4.29 DAI |
500 ME = 21.45 DAI |
1,000 ME = 42.89 DAI |
DAI to ME values from Today at 3:55 pm
0.5 DAI = 11.66 ME |
1 DAI = 23.31 ME |
5 DAI = 116.57 ME |
10 DAI = 233.15 ME |
50 DAI = 1,165.75 ME |
100 DAI = 2,331.49 ME |
500 DAI = 11,657.47 ME |
1,000 DAI = 23,314.94 ME |
ME to DAI over time
ME | Today | 24H -5.46% | 1M -71.81% | 1Y -846.82% |
|---|---|---|---|---|
0.5 ME | 0.02145 DAI | 0.02262 DAI | 0.03685 DAI | 0.2031 DAI |
1 ME | 0.04289 DAI | 0.04523 DAI | 0.07369 DAI | 0.4061 DAI |
5 ME | 0.2145 DAI | 0.2262 DAI | 0.3685 DAI | 2.03 DAI |
10 ME | 0.4289 DAI | 0.4523 DAI | 0.7369 DAI | 4.06 DAI |
50 ME | 2.14 DAI | 2.26 DAI | 3.68 DAI | 20.31 DAI |
100 ME | 4.29 DAI | 4.52 DAI | 7.37 DAI | 40.61 DAI |
500 ME | 21.45 DAI | 22.62 DAI | 36.85 DAI | 203.05 DAI |
1,000 ME | 42.89 DAI | 45.23 DAI | 73.69 DAI | 406.10 DAI |
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.